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Pastimes : Play It On Paper- Clappy's Newbie Option Thread -- Ignore unavailable to you. Want to Upgrade?

To: abuelita who wrote (134)	8/9/2000 7:49:26 PM
From: Clappy	Read Replies (1) \| Respond to of 176

Hi Rosie, In these cases, my answer is no. I'm simply trying to use TA to determine market direction. Then I look for over sold or over bought conditions and try to capitalize on them. I'm still learning. I've yet to actually execute a real options trade yet. When I see the Naz dip down further and we get past the Aug. options expiration date, I may begin buying calls (again simulated). I'm trying to learn how options differ from buying stocks. I've begun to see what a difference the prices make as they get closer to expiration. Now back to real life: I'm tempted to buy calls and leaps on several of the fiber optic and bandwidth plays. JDSU, GLW, BRCD, EMLX, JNPR and others. These are ones that would probably want to buy the underlying shares. However, after the smack my account took in March, I'm trying to rebuild my account ot a reasonable size again. -Clappy